FAITH ACRES FOUNDATION INC (EIN 205891871) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

JEFFERSON CLOW

Phone

8156690188

Tax Period

2023-11-01 to 2024-10-31

FAITH ACRES FOUNDATION INC, founded in 2006, is a community nonprofit in the Religion sector that reported $3.2M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

TO RELIEVE THE DISTRESS OF THE POOR AND NEEDY BY PROVIDING BASIC HUMAN SUSTINANCE AS WELL AS SPIRTIUAL AND EMOTIONAL SUPPORT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,141,526

Program Service Revenue $0

Investment Income $-5,111

Other Revenue $26,939

TOTAL REVENUE $3,163,354

Expense Breakdown

Grants Paid $2,665,391

Salaries & Benefits $0

Fundraising Expenses $18,537

Program Expenses $3,200,710

Other Expenses $574,027

TOTAL EXPENSES $3,239,418

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,163,354	$3,387,310	-0.1%
Expenses	$3,239,418	$3,389,262	0.0%
Net Income	$-76,064	$-1,952	+38.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

240

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFERSON CLOW	PRESIDENT	0.50	Officer Director	$0	$0	$0
JODIE CLOW	EXECUTIVE DI	5.00	Officer Director	$0	$0	$0
GARRETT FAILES	BOARD MEMBER	0.25	Officer	$0	$0	$0
LAWRENCE FORS	BOARD MEMBER	0.50	Officer	$0	$0	$0
RITA FORS	BOARD MEMBER	0.50	Officer	$0	$0	$0
JOSH JOHNSON	BOARD MEMBER	0.25	Officer	$0	$0	$0
MARY ANN MCNAMARA	TREASURER	5.00	Officer	$0	$0	$0
SOGI THOMAS	BOARD MEMBER	0.50	Officer	$0	$0	$0
ANDREW WILSON	BOARD MEMBER	2.00	Officer	$0	$0	$0
KERRI WILSON	BOARD MEMBER	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,163,354	$3,239,418	$182,790	$-76,064
2023	$3,387,310	$3,389,262	$276,170	$-1,952
2022	$2,937,208	$2,921,900	$213,882	$15,308
2021	$3,751,489	$3,649,695	$221,219	$101,794
2021	$3,765,123	$3,663,329	$221,219	$101,794
2020	$2,622,478	$2,588,960	$153,522	$33,518
2020	$2,619,969	$2,578,527	$146,352	$41,442
2019	$1,319,043	$1,325,567	$50,513	$-6,524

FAITH ACRES FOUNDATION INC